One solution to the UK's financial woes would be to cease buying overpriced US manufactured military junk.
" Too Expensive To Use. Too Expensive To Lose"
A prime example being the F35-B not so stealthy or reliable fighter which comes with an ever increasing eyewatering price tag.
F-35B: $135.8 million plus annual maintenance $6.8 million for the F-35B
It costs an estimated $38,000 per flight hour to fly an F-35.
It costs between $3,000 and $3,500 per hour to fuel an F-35.
Here is a new one being flight tested to death
https://youtu.be/FoAx9udLBYg
And another dud falling off our aircraft carrier HMS White Elephant
https://youtu.be/vrUkrOgqAUQ
Another crash on a US carrier
https://youtu.be/Ma_nEqBdLSA?t=1723
The nose landing gear of a USMC F-35B collapsed during towing after the fighter conducted an emergency landing at Kadena Air Base on Okinawa Island, Japan
The fighter belongs to the 121st Marine Fighter Attack Squadron based at Marine Corps Air Station Iwakuni, Japan. The squadron was recently deployed aboard the amphibious assault ship USS Tripoli.
After reporting suspected electrical problems, the F-35B conducted an emergency landing at Kadena Air Base, NHK News reported.
While the aircraft was being towed on a taxiway, the front landing gear collapsed, and the nose hit the ground. Damage to the aircraft is unknown. No injuries were reported.
... The Japanese also seem unlucky with the F35 Sadly the pilot was killed
Japanese Military Found F-35 Debris, Pilot Still Missing
https://youtu.be/BSYvprss-MU?t=9
Top 3 Institutional Shareholders
Institutional investors hold the majority of Lockheed Martin shares at about 69.4% of total shares outstanding.
State Street Corp., Vanguard Group Inc., and BlackRock Inc.
2 Comments:
One solution to the UK's financial woes would be to cease buying overpriced US manufactured military junk.
" Too Expensive To Use. Too Expensive To Lose"
A prime example being the F35-B not so stealthy or reliable fighter which comes with an ever increasing eyewatering price tag.
F-35B: $135.8 million
plus annual maintenance $6.8 million for the F-35B
It costs an estimated $38,000 per flight hour to fly an F-35.
It costs between $3,000 and $3,500 per hour to fuel an F-35.
Here is a new one being flight tested to death
https://youtu.be/FoAx9udLBYg
And another dud falling off our aircraft carrier HMS White Elephant
https://youtu.be/vrUkrOgqAUQ
Another crash on a US carrier
https://youtu.be/Ma_nEqBdLSA?t=1723
The nose landing gear of a USMC F-35B collapsed during towing after the fighter conducted an emergency landing at Kadena Air Base on Okinawa Island, Japan
The fighter belongs to the 121st Marine Fighter Attack Squadron based at Marine Corps Air Station Iwakuni, Japan. The squadron was recently deployed aboard the amphibious assault ship USS Tripoli.
After reporting suspected electrical problems, the F-35B conducted an emergency landing at Kadena Air Base, NHK News reported.
While the aircraft was being towed on a taxiway, the front landing gear collapsed, and the nose hit the ground. Damage to the aircraft is unknown. No injuries were reported.
...
The Japanese also seem unlucky with the F35
Sadly the pilot was killed
Japanese Military Found F-35 Debris, Pilot Still Missing
https://youtu.be/BSYvprss-MU?t=9
Top 3 Institutional Shareholders
Institutional investors hold the majority of Lockheed Martin shares at about 69.4% of total shares outstanding.
State Street Corp., Vanguard Group Inc., and BlackRock Inc.
https://www.investopedia.com/articles/personal-finance/081416/top-5-shareholders-lockheed-martin-lmt.asp
Lockheed have a long record of bribing politicians and flogging dud, deadly and overpriced aircraft.
The F104 "Widowmaker" that had trouble flying in the rain.
https://nationalinterest.org/blog/buzz/tragic-reason-why-germany-hated-its-f-104-starfighters-68742
At the time the scandal was so significant that Robert Calvert even produced a satirical album all about it.
Captain Lockheed And The Starfighters
RC later died suddenly of a heart attack at an early age.
Aircraft Salesman (A Door in the Foot) (2007 Remaster)
https://youtu.be/6XCYUEzrQdY
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